Empiric Student Property PLC (LON:ESP) hit a new 52-week low during trading on Friday . The company traded as low as GBX 100.25 ($1.29) and last traded at GBX 101 ($1.30), with a volume of 3,249,743 shares traded. The stock had previously closed at GBX 106.50 ($1.38).
ESP has been the topic of a number of analyst reports. Numis Securities Ltd cut shares of Empiric Student Property PLC to a “reduce” rating and set a GBX 94 ($1.21) price objective on the stock. in a research note on Friday. Jefferies Group LLC reaffirmed a “buy” rating and set a GBX 125 ($1.61) price objective on shares of Empiric Student Property PLC in a research note on Friday, June 23rd.
The company has a 50 day moving average price of GBX 1.07 and a 200 day moving average price of GBX 1.06. The stock’s market cap is GBX 506.29 million.
In other Empiric Student Property PLC news, insider Timothy Attlee sold 130,521 shares of the stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of GBX 112 ($1.45), for a total value of £146,183.52 ($188,794.42). Also, insider Paul Hadaway acquired 46,000 shares of the business’s stock in a transaction on Thursday, September 14th. The stock was acquired at an average price of GBX 107 ($1.38) per share, with a total value of £49,220 ($63,567.09).
Empiric Student Property PLC Company Profile
Empiric Student Property plc is an internally managed real estate investment trust (REIT). The Company is engaged in investing in the purpose-built student accommodation in central locations in the university cities and towns in the United Kingdom. The Company is engaged in the acquisition, development and management of student accommodation assets in the United Kingdom.
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